Clearwater Analytics Holdings (CWAN) Cash from Operations (2020 - 2026)
Clearwater Analytics Holdings' (CWAN) quarterly Cash from Operations came in at $17.7 million in Q1 2026, down 27.86% on a YoY basis from $24.5 million in Q1 2025, and down 68.06% quarter-over-quarter from $55.3 million in Q4 2025.
Analysis
Clearwater Analytics Holdings (CWAN) Cash from Operations (2020 - 2026) Analysis & Trends
Clearwater Analytics Holdings (CWAN) has reported Cash from Operations for 7 consecutive years, with $17.7 million the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Cash from Operations fell 27.86% year-over-year to $17.7 million; the trailing twelve-month figure through Mar 2026 stood at $169.1 million (up 90.43% YoY), and the FY2025 full-year result was $175.9 million, up 136.67% from the prior year.
- Cash from Operations eased to $17.7 million in Q1 2026 per CWAN's latest filing, from $55.3 million in the prior quarter.
- Across five years, Cash from Operations topped out at $55.3 million in Q4 2025 and bottomed at -$29.2 million in Q4 2024.
- Historically, Cash from Operations has averaged $24.1 million across 5 years, with a median of $21.1 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Cash from Operations jumped 805.31% in 2022, then sank 221.17% in 2024.
- Over 5 years, Cash from Operations stood at $18.2 million in 2022, then jumped by 32.71% to $24.1 million in 2023, then tumbled by 221.17% to -$29.2 million in 2024, then soared by 289.5% to $55.3 million in 2025, then slumped by 68.06% to $17.7 million in 2026.
- According to Business Quant data, Cash from Operations over the past three periods registered $17.7 million, $55.3 million, and $49.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 5.30 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 17.68 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -6.80 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 110.99 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 44.99 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 8.43 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -8,874.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 17.68 Mn |
| Dec 31, 2025 | 55.33 Mn |
| Sep 30, 2025 | 48.98 Mn |
| Jun 30, 2025 | 47.08 Mn |
| Mar 31, 2025 | 24.50 Mn |
| Dec 31, 2024 | -29.20 Mn |
| Sep 30, 2024 | 49.56 Mn |
| Jun 30, 2024 | 43.93 Mn |
| Mar 31, 2024 | 10.04 Mn |
| Dec 31, 2023 | 24.10 Mn |
| Sep 30, 2023 | 31.43 Mn |
| Jun 30, 2023 | 21.14 Mn |
| Mar 31, 2023 | 7.94 Mn |
| Dec 31, 2022 | 18.16 Mn |
| Sep 30, 2022 | 14.68 Mn |
| Jun 30, 2022 | 18.25 Mn |
| Mar 31, 2022 | 6.92 Mn |
| Dec 31, 2021 | 12.42 Mn |
| Sep 30, 2021 | 7.29 Mn |
| Jun 30, 2021 | 2.02 Mn |